SEHK:358Metals and Mining
Jiangxi Copper (SEHK:358) Valuation Check After JP Morgan Rating Upgrade On Copper And China Policy Outlook
JP Morgan’s rating move puts Jiangxi Copper in focus
JP Morgan’s upgrade of Jiangxi Copper (SEHK:358) to a Neutral rating, tied to a constructive view on copper and Chinese policy trends, has pushed the stock onto more investors’ radars.
See our latest analysis for Jiangxi Copper.
That upgrade comes after a strong run in the shares, with the HK$46.3 share price sitting on a 30 day share price return of 33.58% and a 1 year total shareholder return of 294.42%. This suggests momentum has been...